According to the latest report by IMARC Group, titled “Europe Barium Carbonate Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the market is expected to exhibit XX growth during 2021-2026.
Barium carbonate is an odorless inorganic compound obtained from barite minerals. It is mainly characterized by a white color and is usually available in granular, powder, and ultra-fine forms. It is extensively utilized as a matting, crystallizing, and flux agent in the production of tiles, bricks, specialty glass, etc. Besides this, it is used to make thermistors, sensors, multilayered ceramic capacitors, optical modulators, piezoelectric transducers, etc. Barium carbonate also forms a major component in the manufacturing of ceramics and the treatment of salt brine.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Europe Barium Carbonate Market Trends:
The expanding construction industry in Europe is among the primary factors driving the demand for barium carbonate to produce several construction materials, such as bricks and ceramic tiles. Moreover, the rising investments in infrastructural development projects by the government bodies across the region are further providing an impetus to the market growth. Additionally, a significant growth of the electro-ceramic industry is positively influencing the production of several components, including piezoelectric transducers and optical modulators. Furthermore, inflating disposable income levels of consumers are increasing the sales of premium-quality decorative items, such as vases, glass paintings, ceramic figurines, etc. In line with this, the escalating product utilization as a glazing agent for ceramics is projected to further bolster the Europe barium carbonate market growth over the forecasted period.
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Europe Barium Carbonate Market 2021-2026 Analysis and Segmentation:
The report has segmented the market on the basis on country, end use.
Breakup by End Use:
- Glass
- Brick and Clay
- Barium Ferrites
- Photographic Paper Coatings
- Others
Breakup by Country:
- Germany
- France
- United Kingdom
- Italy
- Spain
- Others
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Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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